A closely-followed crypto trader says he wouldn’t be surprised if Cardano (ADA) explodes 604% from current prices in a matter of months – under one condition. The pseudonymous trader known as Kaleo tells his 353,000 followers that if Bitcoin and Ethereum price action continues trending upwards, as many predict, Cardano will follow suit in a …
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The cryptocurrency market got off to a slow start on Aug. 19 after stimulus tapering talks from the U.S. Federal Reserve put pressure on global financial markets, but momentum within the crypto market picked up in the afternoon session as Bitcoin (BTC) bulls finally managed to break above the $46,000 level. While most altcoins were …
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Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members as well as projects in decentralized finance. In a Thursday announcement, Polygon called on its members to express their views on the platform forming a DAO. According to Polygon, it plans to create committees …
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Over the past seven days, Bitcoin (BTC) has failed to break through the $48,000 resistance, but its price has remained flat even as Minneapolis Federal Reserve Chairman Neel Kashkari bashed the industry. During an appearance at the Pacific NorthWest Economic Region Annual Summit on Aug. 17, Kashkari said: “So far, what I’ve seen is […] …
Continue reading “Bitcoin gains strength as Friday’s $600M BTC options expiry approaches”
A popular crypto trader and market analyst thinks an upcoming Bitcoin upgrade could send the king crypto asset flying in a year-end rally. The trader, known as Crypto Messiah, makes the case for Bitcoin (BTC) in a new video from Hxro Labs, arguing that BTC will see new highs upon the arrival of the Taproot …
August 19, 2021 – Victoria, Seychelles KuCoin, a global leading crypto exchange, welcomes the two-year anniversary of their ‘futures’ service. The service keeps growing fast, thanks to outstanding support from KuCoin users. KuCoin Futures was launched in August 2019 and ushers in its second anniversary. Since the initial launch, the platform has become one of the …
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Veteran trader Peter Brandt says that the formation of a rising wedge on the Bitcoin/US dollar chart is cause for concern. ADVERTISEMENT Brandt poses a question to his more than half a million Twitter followers on whether the rising wedge pattern will meet expectations or disappoint. “Rising wedge – will it fulfill its expectations …
The Avalanche blockchain platform’s native asset, AVAX, fell on Aug. 19 as traders decided to secure their profits from its 100% upside move. The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of $36.64, putting the brakes on a seven-day upside boom that saw its price rise by 111%. It appears that …
Brian Quintenz, who has served as one of the commissioners with the Commodity Futures Trading Commission, or CFTC, reportedly plans to leave the agency on Aug. 31. According to a Thursday report from the Wall Street Journal, Quintenz is expected to announce his move into the private sector after leaving the CFTC later this month. …
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Bitcoin (BTC) neared a critical breakout point on Aug. 19 as bulls sought to transform this week’s downtrend into a battle for resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers and sellers close in on BTC Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it repassed $45,000 on Thursday, climbing to highs of …
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Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space. In a Thursday announcement, Bloomberg said it would launch an index currently tracking nine different decentralized finance, or DeFi, projects with Galaxy Digital. As of Aug. 1, these projects included Uniswap (UNI), Aave …
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Vitalik Buterin, a co-founder of Ethereum, in a recent interview has revealed his doubts about the plans Jack Dorsey and Mark Zuckerberg might be making about the crypto industry, as per a report on Bloomberg today. Dorsey and Zuckerberg’s crypto dream Dorsey, CEO of Square, recently revealed his plan for the leading digital asset, Bitcoin, …
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Unbound Finance, a decentralized, cross-chain protocol that leverages the liquidity of the AMMs to increase the efficiency of the DeFi space by using the liquidity pool token (LPTs), revealed its plans for the months ahead in a note to CryptoSlate. Unbound so far The Ethereum-based protocol went live with its first testnet on 9th December …
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Solana has been one of the best gainers in the recent crypto market rebound. The altcoin came into the limelight due to its technological prowess to offer faster and cheaper transactions. Its scalability has made it a formidable competitor to Ethereum, with many DeFi developers now launching their projects on the network. Solana is trading …
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The cryptocurrency market has erased some slight gains made since the market started rebounding in late July. Ripple is among the best gainers in the recent rebound, but a recent pullback erased some of those gains. However, XRP’s bullish sentiment is still strong, with many hopeful that new highs will be created. XRP is trading …
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